CSA Securities

Toronto - The Canadian Securities Administrators (CSA) have issued an Investor Watch urging the public to ignore and delete spam e-mails that promote investment opportunities.

“Consider the motivation of the people behind these e-mails. If they don’t know you or your investment objectives, how can they have your best interests in mind?” asks Jean St-Gelais, Chair of the CSA and President & Chief Executive Officer of the Autorité des marchés financiers (Québec). “The CSA encourage investors to take steps to get informed before they invest.”

Investors should be wary of unsolicited e-mails that promote specific stocks. They may promote microcap companies, which often have limited assets and trade on markets with few listing standards. Many microcap stocks trade in over-the-counter (OTC) markets, and are quoted on systems like the United States OTC Bulletin Board and the Pink Sheets. These markets have very few listing requirements, and in some cases are not recognized or regulated by securities regulators. The full Investor Watch is posted on the CSA website: www.csa-acvm.ca.

The CSA, the council of securities regulators of Canada’s provinces and territories, coordinate and harmonize regulation for the Canadian capital markets. The CSA mandate is to protect investors from unfair or fraudulent practices through regulation of the securities industry. Part of this protection is educating investors about the risk, responsibilities and rewards of investing.

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For media inquiries:

Provincial and Territorial Securities Regulators

CSA member name

Point of contact

Phone number

E-mail

Alberta Securities Commission

Tamera Van Brunt

403-297-2664

tamera.vanbrunt@seccom.ab.ca

Autorité des marchés financiers

Frédéric Alberro

514-940-0558, poste 2176

frederic.alberro@lautorite.qc.ca

British Columbia Securities Commission

Andrew Poon

604-899-6880

APoon@bcsc.bc.ca

Department of Attorney General, Prince Edward Island

Mark Gallant

902-368-4552

mlgallant@gov.mb.ca

Financial Services Regulation Division, Newfoundland and Labrador

Doug Connolly

709-729-2594

Connolly@gov.nl.ca

Manitoba Securities Commission

Ainsley Cunningham

204-945-4733

aicunningh@gov.mb.ca

New Brunswick. Securities Commission

Rick Hancox

506-658-3119

Rick.hancox@nbsc-cvmnb.ca

Nova Scotia Securities Commission

Chris Pottie

902-424-5393

pottiec@gov.ns.ca

Nunavut Securities Registry

Jennifer MacIsaac

867-975-6591

jmacisaac@gov.nu.ca

Ontario Securities Commission

Wendy Dey

416-593-8120

www.osc.gov.on.ca This link will open in a new window, (Web site address)

Saskatchewan Financial Services Commission

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www.publications.gov.sk.ca This link will open in a new window, (Web site address)

Securities Registry Northwest Territories

Donald MacDougall

867-920-8984

donald_macdougall@gov.nt.ca

Yukon Securities Registry

Richard Roberts

867-667-5225

Richard.roberts@gov.yk.ca